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China – Court hands out custodial sentences to Crown’s employees

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A Shanghai court has sentenced 16 Australian and Chinese employees from Crown Resorts to nine to 10 months in prison although their time served since October 14 will see them released soon. Crown said in a statement: “17 current and two former employees of the Crown group were today convicted by the Shanghai Baoshan District… Read more »

Asia – SuzoHapp appoints Allen Ko for Asia Pacific

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SuzoHapp is pleased to announce the appointment of Allen Ko as Vice President OEM – Cash Handling for the Asia Pacific region. Allen Ko comes to this new position after many years of experience in the Cash Processing market. Before joining SuzoHapp, Allen worked at high profile companies like De La Rue, Talaris and Glory,… Read more »

Australia – Aquis moves into final stages of discussions over Casino Canberra

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Aquis Casino Canberra has moved into the final stage of discussion with the government in the Australian Capital Territory to transform the casino into a five-star complex complete with slots. The company said it had received in-principle support from the ACT Government to advance to Stage Three of the Investment Proposal process with its planned… Read more »

Saipan – Imperial Pacific looks to convert bonds to raise HK$46m

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Hong Kong listed Imperial Pacific International (IPI) wants to raise HK$46m by placing convertible bonds. It will use the funds to finish Phase 1 of its Imperial Pacific Resort project in Saipan. In a filing to the Hong Kong Stock Exchange, Imperial Pacific said: “The net proceeds of the placing of approximately HK$46m will be… Read more »

Vietnam – Ho Tram to start work on third phase

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Operator Asian Coast Development Limited has announced that its Ho Tram Project in Vietnam will commence work on its third phase with a residential tower, condotel and villa development. Kahuna Ho Tram Strip, is a 244-key development located adjacent to the north-side of The Grand and will feature a combination of 164 one and two… Read more »

US – JCM Global names Southern Gaming Solutions as distributor in Georgia

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Lee Hunter

JCM Global has appointed Southern Gaming Solutions (SGS) as a distributor of JCM products in the state of Georgia. SGS is widely recognised across the state for distributing premium products into the Georgia amusement industry, and the company will represent JCM’s award-winning UBA® (Universal Bill Acceptor) throughout the state. “JCM products are known and trusted… Read more »

Philippines – Attack on Resorts World Manila to force drop in GGR of 14.2 per cent

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Malaysian investment bank Maybank Kim Eng believes that the attack on Resorts World Manila in the Philippines and its temporary gaming license suspension will see GGR drop by 14.2 per cent year-on-year. Maybank analyst Rommel Rodrigo believes the reopening of Resort World manila’s casino could be six weeks away. He said: “The adverse long-term impact… Read more »

Philippines – Tiger removes Okada as Chairman of Okada Manila

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Tiger Resort, the operator behind Okada Manila, the casino resort in the Philippines, has removed Kazuo Okada as its Chairman. Tiger Resort is owned by Japanese gaming giant Universal Entertainment, of which Mr Okada is the founder and Chairman. Universal on June 8 it was suspending Okada, pending investigation. He is accused, along with a… Read more »

China – G2E Asia 2017 confirms record-breaking growth

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G2E Asia 2017, the marketplace for the Asian gaming industry, held in Macau from May 16 to May 18, was the largest edition in the show’s history. Marking another year of setting new records across several key areas. The show spanned 28,000 sqm of exhibition space, a 27 per cent increase over last year. The… Read more »

China – Landing International look to go private

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Hong Kong-based Landing International’s owner Yang Zhihui has announced his intention to take Landing International Development private. The company operates Landing Casino in Korea and Le Ambassadeurs Club in London. It is currently building Jeju Shinhwa World in South Korea in the south-western part of Jeju Island. The takeover offer is required by the Hong… Read more »